company news

Airtel Africa has expressed its support for the recent changes announced by the Central Bank of Nigeria (CBN) regarding the...

Arik Air Denies Allegations of N120 Billion Misappropriation.

Arik Air Limited (in receivership) has refuted claims of misappropriation of funds amounting to N120 billion. The Economic and Financial...

Afreximbank Establishes AfrexInsure to Enhance Trade and Investment Resilience in Africa.

The African Export-Import Bank (Afreximbank) marked a significant milestone on Sunday as it inaugurated its fully-owned subsidiary, AfrexInsure, during the...

Airtel Nigeria’s Launches 5G Spectrum Mobile Network

Airtel Nigeria, a telecommunication provider has launched its fifth-generation (5G) mobile network. The launch is expected to boost competition in...

Banking

Stanbic IBTC appoints Mr. Yinka Sanni as Non-Executive Director.

In a recent statement, the Board of Directors of Stanbic IBTC Holdings PLC announced the appointment of Mr. Yinka Sanni...

Kenyan Court Freezes Flutterwave’s Bank Accounts and Mobile Wallets Amidst Fraud Allegations.

According to Business Daily Africa, this week High Court judge Alfred Mabeya of Kenya issued orders freezing 45 banks accounts...

Seplat Energy CEO’s, Roger Brown Immigration Documents Restored, Resumes Role.

Seplat Energy has announced that the Ministry of Interior and the Nigeria Immigration Service (NIS) have reinstated the Working Permit,...

Former Samsung Executive Charged with Stealing Company Secrets for Copycat Chip Factory in China.

South Korea has pressed charges against a former Samsung executive accused of stealing company secrets worth hundreds of millions of...

UBS Completes Acquisition of Credit Suisse, Emerging as a Global Wealth Management Giant with $5 Trillion AUM.

In a groundbreaking move, UBS, a Swiss multinational investment bank, has successfully finalized its acquisition of Credit Suisse, leading to...

UBS Group AG Completes Acquisition of Credit Suisse Group.